Artificial intelligence will add US$10 trillion to global economy: IBM CEO

Artificial intelligence will add US$10 trillion to global economy: IBM CEO

WAM: Arvind Krishna, Chairman and CEO of IBM, said that artificial intelligence (AI) will add up to US$10 trillion to the global economy in the next decade.

Greater adoption of AI in the UAE could also add up to US$200 billion in productivity gains by 2030, Krishna told Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Teleworking Applications, at the World Government Summit 2022.

The leader of the US tech giant tipped AI to transform the world economy after warning that the planet lacks skilled people to keep up with the pandemic-induced disruption caused to workplaces everywhere.